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Stock Indexes Close Broadly Higher

But Oracle, Facebook sink
By Newser Editors and Wire Services
Posted Mar 20, 2018 3:11 PM CDT
Stock Indexes Close Broadly Higher
Specialist Mark Fitzgerald, left, and trader Fred DeMarco, center, work on the floor of the New York Stock Exchange, Tuesday, March 20, 2018.   (AP Photo/Richard Drew)

(Newser) – US stock indexes closed broadly higher, led by gains in retailers, energy and industrial companies, the AP reports. Amazon jumped 2.7% Tuesday, leading the way higher for retailers. Energy companies rose along with the price of oil, and banks were also higher as bond yields rose. Oracle plunged 9.4% after reporting disappointing results, and Facebook sank 2.6% following reports that the Federal Trade Commission will look into its handling of user data. The S&P 500 index rose 4 points, or 0.1%, to 2,716. The Dow Jones industrial average rose 116 points, or 0.5%, to 24,727. The Nasdaq composite increased 20 points, or 0.3%, to 7,364. (Read more stock market stories.)

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